NFIB Weekly News
Leading the News
Small Businesses Ask Court to Provide Clear Requirements for Online Agreements (04/25/2025)
WASHINGTON, D.C. (April 25, 2025) – NFIB filed an amicus brief in the case Katherine Chabolla v. ClassPass Inc. at the U.S. Court of Appeals for the Ninth Circuit. The case concerns online agreements and what visual requirements must be met for an online user’s assent to website terms and conditions to be considered an enforceable contract. NFIB’s brief urges the full Ninth Circuit to rehear the case because the panel decision conflicts with precedent and destroys what predictability small businesses used to have about how they needed to organize their websites.
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NFIB Asks for Small Business Consideration in Future WOTUS Rulemaking (04/23/2025)
WASHINGTON, D.C. (April 23, 2025) – The National Federation of Independent Business (NFIB), the nation’s leading small business advocacy organization, sent a comment letter in response to the Environmental Protection Agency (EPA) and Department of the Army’s recent notice requesting recommendations for how future regulations pertaining to the Clean Water Act (CWA) can best adhere to the U.S. Supreme Court’s decision in Sackett v. EPA.
NFIB provided suggestions that would ensure clarity and consistency for small businesses as rulemaking bodies look to draft new regulations relating to “waters of the United States” (WOTUS).
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NFIB Releases State-Specific Reports Detailing Benefits of 20% Small Business Tax Deduction, Consequences of Potential Small Business Tax Hike (04/15/2025)
WASHINGTON, D.C. (April 15, 2025) – The National Federation of Independent Business (NFIB), the nation’s leading small business advocacy organization, released new state-specific reports outlining the benefits the 20% Small Business Tax deduction will bring to every state in the country if it is made permanent. The reports also spotlight the massive tax increases small businesses in each state will face if the deduction is not made permanent.
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NFIB Urges Treasury to Destroy Beneficial Ownership Data Collected from America’s Small Businesses (04/11/2025)
WASHINGTON, D.C. (April 11, 2025) – The National Federation of Independent Business (NFIB), the nation’s leading small business advocacy organization, thanked President Donald Trump and Treasury Secretary Scott Bessent regarding updating the Financial Crimes Enforcement Network’s (FinCEN) interim final rule narrowing the scope of the Beneficial Ownership Information (BOI) reporting requirements so that they apply exclusively to foreign reporting companies and not America’s small businesses. NFIB encourages the Administration to take additional steps to provide permanent relief to small businesses nationwide by deleting the data that has been collected under the previous BOI reporting requirements.
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Small Businesses Support “Right to Repair” Legislation (04/10/2025)
WASHINGTON, D.C. (April 10, 2025) – The National Federation of Independent Business (NFIB), the nation’s leading small business advocacy organization, applauds the U.S. Senate for introducing S. 1379, the Right to Equitable and Professional Auto Industry Repair (REPAIR) Act. This bipartisan proposal would ensure that independent auto repair shops will have access to the same tools, software, and manuals as manufacturers and authorized service centers. The REPAIR Act was introduced in the Senate by Senators Ben Ray Luján (D-NM) and Josh Hawley (R-MO).
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Small businesses support budget resolution to make the expiring 20% Small Business Deduction permanent (04/09/2025)
WASHINGTON, D.C. (April 9, 2025) – The National Federation of Independent Business (NFIB), the nation’s leading small business advocacy organization, announced that the Graham amendment to H.Con.Res 14 will be an NFIB Key Vote for the 119th Congress. NFIB sent a letter to the U.S. House of Representatives in support of the budget resolution. If enacted, this will allow Congress to use the budget reconciliation process to make the 20% Small Business Deduction permanent.
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Business Climate
The Optimism Index declined by 3.3 points in March, falling just below the 51-year average of 98 (04/16/2025)
The NFIB Small Business Optimism Index fell just below the 51-year average in March and taxes ranked as one of the single most important problems facing small business owners. The Uncertainty Index decreased eight points from February’s second highest reading to 96.
“The implementation of new policy priorities has heightened the level of uncertainty among small business owners over the past few months,” said NFIB Chief Economist Bill Dunkelberg. “Small business owners have scaled back expectations on sales growth as they better understand how these rearrangements might impact them.”
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New Polling Shows Strong Support for 20% Small Business Tax Deduction (04/07/2025)
WASHINGTON, D.C. (April 7, 2025) – A new poll released today by the National Federation of Independent Business (NFIB), the nation’s leading small business advocacy organization, shows broad, bipartisan support for America’s small businesses along with overwhelming support for keeping the 20% Small Business Tax Deduction in the tax code.
According to the survey, more than 8 in 10 Americans feel it is important for the federal government to support small businesses, including strong majorities of Republicans, Democrats, and Independents. That support translates to strong agreement (93%) that making the 20% Small Business Tax Deduction permanent should be a top priority for Congress, with nearly all Americans (95%) expressing some concern about the impact an expiration of the deduction would have.
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Small Businesses Oppose the Harmful PRO Act (03/18/2025)
What it means: The PRO Act includes numerous labor laws that would harm small businesses. NFIB sent letters of opposition to protect small businesses from increased labor costs and burdensome regulations.
Our take: “The PRO Act is anti-worker, anti-free choice, and anti-small business. It includes numerous policies that are not only overwhelmingly opposed by small business owners but have also been dismissed in the courts and rejected by Congress for decades,” said Dylan Rosnick, NFIB Principal of Federal Government Relations.
Take Action: Urge your legislators to oppose the PRO Act, which would significantly harm small businesses.
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NEW NFIB SURVEY: Small Business Optimism Recedes in February (03/11/2025)
WASHINGTON, D.C. (March 11, 2025) – The NFIB Small Business Optimism Index fell by 2.1 points in February to 100.7. This is the fourth consecutive month above the 51-year average of 98 and is 4.4 points below its most recent peak of 105.1 in December. The Uncertainty Index rose four points to 104 – the second highest recorded reading.
“Uncertainty is high and rising on Main Street, and for many reasons,” said NFIB Chief Economist Bill Dunkelberg. “Those small business owners expecting better business conditions in the next six months dropped and the percent viewing the current period as a good time to expand fell, but remains well above where it was in the fall. Inflation remains a major problem, ranked second behind the top problem, labor quality.”
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The REPAIR Act would eliminate barriers for independent auto body shops (03/04/2025)
WASHINGTON, D.C. (Mar. 4, 2025) – The National Federation of Independent Business (NFIB), the nation’s leading small business advocacy organization, sent a letter to Rep. Neal Dunn (FL-02) in strong support of his legislation, the Right to Equitable and Professional Auto Industry Repair (REPAIR) Act. This bipartisan proposal would ensure independent auto repair shops will have access to the same tools, software, and manuals as manufacturers and authorized service centers.
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Industry-Specific Small Business Report Shows Increased Optimism in January (03/03/2025)
WASHINGTON, D.C. (March 3, 2025) – The NFIB Research Center released an industry-specific quarterly Small Business Economic Trends survey highlighting the construction, manufacturing, retail, and services industries. According to the report, the Optimism Index for these four reported industries increased from the prior quarter and were higher than the 51-year average. In fact, small businesses in the construction, manufacturing, and services industries were more optimistic than the overall small business population.
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Wages and Benefits
Health Care: Small Business Pays More, Gets Less (04/16/2025)
What it means: Affordable health care is essential for the success of America’s small businesses. Small business owner Marcie Strouse shared with lawmakers the various ways Congress can provide relief from rising costs.
Our take: “Small businesses are paying more and getting less. Small firms pay nearly twice as much for health insurance as large businesses. Unlike large corporations, small businesses lack the bargaining power to negotiate lower premiums,” said Josselin Castillo, NFIB Principal Federal Government Relations.
Take Action: It is time for Congress to provide immediate relief for millions of Americans. Urge your elected officials to make health care more accessible and affordable to small business owners.
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Small Businesses Support Legislation to Restart the PAID Program (03/26/2025)
WASHINGTON, D.C. (March 26, 2025) – The National Federation of Independent Business (NFIB), the nation’s leading small business advocacy organization, sent a letter to Rep. Glenn Grothman (WI-06) in strong support of his legislation, the Ensuring Workers Get PAID Act. This legislation would reinstate and codify the Department of Labor’s (DOL) Payroll Audit Independent Determination (PAID) program, which provided small businesses flexibility to self-report and correct minor wage and hour violations before incurring a penalty.
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NFIB Jobs Report: Small Business Job Creation Weakens in February (03/06/2025)
WASHINGTON, D.C. (March 6, 2025) – NFIB’s February jobs report found that 38% (seasonally adjusted) of small business owners reported job openings they could not fill in February, up three points from January and the highest reading since August 2024. A seasonally adjusted net 15% of owners plan to create new jobs in the next three months, down three points from January.
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NFIB report reveals a growing health insurance affordability crisis for small business owners and employers (02/19/2025)
WASHINGTON, D.C. (Feb. 19, 2025) – The National Federation of Independent Business (NFIB), the nation’s leading small business advocacy organization, released a new health care policy paper entitled, “Addressing the Health Insurance Affordability Crisis for Small Businesses.” The findings reveal a dire prognosis for the small-group insurance market as employer-provided health coverage is becoming unsustainable for millions of small businesses and their employees. The report also highlights the top legislative solutions Congress should enact to provide relief for small businesses.
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NFIB Jobs Report: Main Street Labor Costs Ease in December (01/09/2025)
Fewer small businesses plan to raise compensation in the coming months
WASHINGTON, D.C. (Jan. 9, 2025) – NFIB’s December jobs report found that 35% (seasonally adjusted) of small business owners reported job openings they could not fill in December, down one point from November. Seasonally adjusted, a net 29% of small business owners reported raising compensation in December, down three points from November and the lowest reading since March 2021.
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Small Business Lawsuit Stops Onerous Overtime Threshold Rule (11/15/2024)
WASHINGTON, D.C. (Nov. 15, 2024) – Today’s decision by the U.S. District Court for the Eastern District of Texas in the case Plano Chamber of Commerce, et al v. DOL is a tremendous win for small businesses. The lawsuit challenged the Department of Labor’s (DOL) overtime rule increasing the minimum salary threshold for exempt employees under the Fair Labor Standards Act’s (FLSA) executive, administrative, or professional exemption (EAP exemption). The Court determined that the rule, which went into effect in July of this year, exceeded the DOL’s statutory authority and should be vacated.
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